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Fly News Breaks for May 5, 2016
SERV
May 5, 2016 | 07:27 EDT
After ServiceMaster reported results that RBC calls disappointing, the firm blames the weakness on higher than expected costs. However, RBC says that the company's guidance was little changed, and it expects the company's results to improve throughout this year as its "costs normalize." The firm keeps a $46 price target and Outperform rating on the shares.
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